-- Aker BP reported Q1 earnings Thursday, showing net petroleum production of 398,400 barrels of oil equivalent per day, down from 441,400 boe/d a year earlier.
The company reported producing liquids volumes of 31 mmboe for the quarter ended March 31, down from 34 mmboe a year earlier.
Total gas volumes produced fell to 4.8 mmboe for the quarter, down from 5.7 mmboe a year earlier.
Aker posted net sold volumes of 405,700 barrels of oil equivalent per day in the quarter, down from 457,600 boe/d a year earlier.
The company reported liquids sales volumes of 352,200 boe/d, compared with 394,000 boe/d a year earlier, while natural gas sales volumes declined to 53,400 boe/d from 63,500 mboe/d.
Total liquids sales volumes for the quarter were 31.7 mmboe in the first quarter, down from 35.5 mmboe a year earlier, while gas sales volumes declined to 4.8 mmboe from 5.7 mmboe.
Aker BP maintained its 2026 production guidance at 370,000 boe/d to 400,000 boe/d and kept planned capital expenditure at $6.2 billion $6.7 billion.
The company started oil production at the Symra project on April 3, nine months ahead of the original schedule.
Aker BP accelerated the Skarv Satellites project start-up to the third quarter of 2026 after completing major subsea installations during the quarter.